BNB/USDT Descending Triangle. A Very Decisive Point.

26 ก.พ. 2021

Just a beginner's view. BNB/USDT is currently forming a descending triangle pattern in the daily timeframe (most of the time this pattern is a bearish one). I would say in 1-2 days, we will be able to see where will the price go, whether it breaks out from the triangle to 340 or it breaks down and goes back to 140 (or worse 75-80 which is not likely will happen). In this point, the price movement of BNB/USDT will be determined by the action that it formed in this short period of time. Suggestions are welcomed. Thanks!